Jessica Saxton - 01 Feb 2023 Form 4 Insider Report for Charlotte's Web Holdings, Inc. (CWBHF)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CWBHF	Restricted Stock Unit	Award	$0	+178,571		$0.000000	178,571	01 Feb 2023	Common Shares	178,571		Direct	F1, F2
transaction	CWBHF	Stock Option (right to buy)	Award	$0	+535,714		$0.000000	535,714	01 Feb 2023	Common Shares	535,714	$0.5600	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Id	Content
F1	Each restricted stock unit represents a contingent right to receive one common share of Charlotte's Web Holdings, Inc.
F2	The restricted stock unit agreement provides that the restricted stock unit vests over 2 years, with 50% of the award vesting on the first-year anniversary of the grant date and the remaining 50% of the award vesting on a quarterly basis over the second year. The restricted stock unit was granted on 2/1/2023.
F3	The option agreement provides that the option becomes exercisable over 2 years, with 50% of the award vesting on the first-year anniversary of the grant date and the remaining 50% of the award vesting on a quarterly basis over the second year. The option was granted on 2/1/2023.